30
Map
985 Chapel Hill
About This Property
Listed By
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| May 26, 2026 | Listed by Deerfield Valley Real Estate | $349,000 | |
| Listed by Deerfield Valley Real Estate | |||
| Nov 3, 2023 | No longer available | - | |
| No longer available | |||
| Jun 27, 2023 | Price Decreased |
$375,000
↓ $24K
(6%) | |
| Price Decreased | |||
| May 26, 2023 | Listed by Meg Streeter Real Estate, P.C. | $399,000 | |
| Listed by Meg Streeter Real Estate, P.C. | |||
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This charming chalet is set in a magical series of gardens with a peaceful brook adding its comforting sound to the surroundings. The seller has planted hundreds/thousands of daffodil and day lily bulbs over the years as well as adding other perennials, annuals and many potted flowering plants lining the walkway, the gazebo and the hillside below the house. The original chalet has had 2 large additions which offer a versatile floor plan with an expansive ground floor living room and primary bedroom/study above. Walk into the welcoming entry/kitchen and a dining room with a wood-burning fireplace,oak flooring and enjoy the light streaming in through the glass patio doors. Open those doors to sit and relax on the expansive deck overlooking a lush garden area. There are a total of 3 lots and the 2 lots on the opposite side of Chapel Hill Road have been landscaped with flowering trees and shrubs that present a beautiful display from spring through fall. The seller intended to create an arboretum with a vibrant red leaf display in the autumn. The Chapel Hill Road area is served by a town-maintained gravel road and has a mixture of year round residents and vacation/weekend homes. Close to Lake Sadawga popular for kayaking, canoeing and fishing as well as the much larger Lake Whitingham for the same pursuits in addition to swimming, waterskiing and sailing. An easy drive to Mass MoCA museum. Showing by appointment only (seller's primary residence) - easily arranged. The manager has listed the unit size as 2596 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017